“You may or may not remember this, but there once existed such a time that everyone talked about something completely different than the novel coronavirus, its impact on businesses everywhere and the global economy.
In this fabled period, eons ago, companies everywhere struggled to adapt to a new reality, a reality in which all that data they had collected during the “Big Data” phase of the industry would actually be used for something. Read in full
AI technologies are forecast to add USD 15 trillion to the global economy by 2030. At this moment, around the world, at least 50 countries (including the EU as a whole) have developed, or are in the process of developing a national AI strategy. Of these, 36 have (or plan to have) either separate strategies in place for public sector AI or a dedicated focus embedded within a broader strategy. Read in full
Marketing is the business process of creating relationships with customers and finding the perfect conditions to satisfy their needs. This is probably why it’s one of the fields that collects and uses a huge amount of data about a lot of things, including customers, website traffic, products and services, delivery, pricing and payment conditions etc.
With the explosion of online commerce and so many attractive offers, companies are urged to find innovative solutions to stay ahead of the curve. Read in full
In the last couple of years, artificial intelligence has found its way in almost all industries and the hospitality one makes no exception. Being a highly competitive domain, those working in this industry have always been keen on keeping up-to-date with trends and technological advancements.
With the help of AI, businesses operating in the hospitality industry can upgrade their services, processes and improve customer experiences. After all, in this field, it’s all about boosting revenues and loyalty. Read in full
Project management is a practice that cannot be excluded from the current activities of any company. Whether you’re working on a construction site, or in software development, you’ve definitely dealt with planning, executing and controlling the work of a team. Although a practical and beneficial process, project management is not without its drawbacks. It can be really time-consuming and sometimes it comes at a high financial cost too. Read in full
Make sure your employees are also prepared
The idea of a machine that can display “intelligence” just like a human has been around for quite some time. The concept of artificial intelligence became known on a larger scale starting with the ’50s and, since then, it has had a few ups and downs. But the real progress is happening now. Nowadays, almost all areas of our lives could be enhanced with the help of AI technology and researchers never stop to amaze us with new use cases. Read in full
Once the internet has really taken off and the use of technology in almost every activity has become the new norm, people started to voluntarily trade their privacy for convenience. And they have done it for years. Yet, nowadays, individuals are finally thinking about questioning this exchange and paying more attention to their data privacy.
According to a study by Intouch International, 9 in 10 American internet users stated they are concerned about the privacy and security of their personal information online. Read in full
The ultimate goal of artificial intelligence is to create technology that will allow computers and machines to mimic the human brain and exhibit human-like behaviour. Although there’s a long way until current AI will become similar or equivalent to human intelligence, there is, nevertheless, a certain characteristic that machine learning has already picked up from us. Being biased.
What exactly is biased in AI?
Being biased means displaying a tendency to lean in a certain direction, either in favour of or against a particular thing, without having a neutral point of view on that aspect. Read in full
It is within human nature to fear the unknown. And regardless of how much debate there is around artificial intelligence, most of it still remains mysterious. The concept of AI exists since the 1950s, however, it has gained considerable ground and attention starting with 2000. Catchy headlines in well-known publications constantly make us aware of the advancements in the field and the raising concerns as well as dangers awaiting just around the corner. Read in full
In the last couple of years there’s been an intense debate about nature, about our planet and its future. On the one hand, we have the individuals that point out the disastrous effect technological advancements have had on climate change. After all, early developments in the 1800s allowed people to generate electricity for homes and factories, but they also led to more carbon emissions. However, whether technology is or not the only one responsible for the current circumstances is yet to be determined. Read in full